2435 E Greenway Pkwy, Phoenix, AZ 85032
- Drug stores
- 13,906 SF
- 2.64 lot acres
Current Use by Public Records
- Joseph Mawyer / Pediatrician / Physician
- FedEx OnSite / Postal Service / Courier Service
- Katie C. McHugh, Pharm / Pharmacy
- Allison M. Miller, PharmD / Pharmacy
- Walgreens Photo / (Bike/Boat/Book/etc) Store
Property Details for 2435 E Greenway Pkwy
- Year built
- 1999
- Construction
- CONCRETE
- Lot size
- 2.64 lot acres
- Zone code
- C-1
- Property type
- Drug stores
- APN
- 214-40-372
- APU
- 21440372
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 9, 2019 | $2,075,000 | Arc Wgphxaz001 LLC | Vereit Real Estate LP | Special Warranty Deed | $1M · First Savings Bank |
| Apr 2, 2013 | $3,329,235 | Arc Wgphxaz 001 LLC | Markajen Lllp | Grant Deed | — |
| Nov 15, 2004 | — | Markajen | Scanlon Marcia C Trust | Grant Deed · related | — |
| Jul 14, 2000 | $3,290,000 | Scanlon Trust | Evergreen-cave Creek LP | Grant Deed | — |
Description
This exceptional freestanding retail property, located at 2435 E Greenway Pkwy in Phoenix, Arizona, presents a unique investment or lease opportunity. The 13,905 square foot building sits on a 2.644-acre lot and is currently vacant. Its strategic location at the intersection of Greenway Parkway and Cave Creek Road offers excellent visibility and accessibility, boasting over 71,000 vehicles per day. The property benefits from multiple access points and is conveniently situated near State Route 51 and a variety of retail amenities. The C-2 zoning allows for a wide range of commercial uses. The property's prominent location allows for monument signage along both Greenway Parkway and Cave Creek Road, maximizing brand exposure. This former Walgreens location offers a substantial footprint, ideal for a variety of retail concepts. The property's size and location within a densely populated residential area make it an attractive option for businesses seeking high visibility and strong customer traffic. The Maricopa County Assessor's Parcel Number (APN) is 214-40-372. The property is available for lease or ground lease.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,231,000
- AI Estimate
- $6,231,000
Market price range: $1.60M - $6.38MMarket price range: $1.60M - $6.38M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,905,000 Current use
- COMMERCIAL (GENERAL)
- $9,685,000 Change: +148% Conversion: Easy
- RESTAURANT
- $7,425,000 Change: +90% Conversion: Easy
- AUTO REPAIR, GARAGE
- $5,875,000 Change: +51% Conversion: Difficult
- OFFICE BUILDING
- $4,205,000 Change: +8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.029
- Latitude
- 33.6309
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
